Homes for sale - 300 KENNEDY AVE, Mertztown, PA 19539

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Speicher Group

[email protected] +1(808) 495-7345

$989,000

Est. payment - /mo

7,000 SqFt

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UPDATED:

01/10/2025 03:35 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $141

MLS Listing ID PABK2052070

Originating Board BRIGHT

Year Built 1870

Annual Tax Amount $5,425

Tax Year 2024

Lot Size 1.050 Acres

Acres 1.05

Lot Dimensions 0.00 x 0.00

Property Description

Built in 1870, the former SHAMROCK HOTEL & RESTAURANT has been completely renovated, with replacement windows throughout, to allow for 7 total rental units on the property, including 5 fully rented apartments in the main hotel building, as well as 2 completely renovated and rented modular homes on the property, bringing in $8100 per month in rental income. There is also a fully renovated garage on the property that can hold up to 5 vehicles and could also be used as owner's storage or workshop for a local contractor. Estimated rent on garage is $500/mo. The main level and former bar/restaurant is one large open flexible space, at approximately 2000 square feet, that could easily be used to make existing apartments larger, for tenant storage bins, or a future management office/workshop for the building's new owner. The current owners have dedicated their hearts and souls, over the past 15 years, in creating a beautiful, low maintenance, 7-unit CASH COW, grossing $8100 per month that any investor would be proud to own! 48 hours' notice is required for any showing, and a current buyer pre-approval, bank letter, or proof of cash funds must be provided to listing agent prior to any showings

Location

State PA

County Berks

Area Longswamp Twp (10259)

Zoning COMM

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Flooring Tile/Brick, Wood, Carpet

Inclusions 2 Renovated and Rented Mobile homes on the property, Storage garage/shop.

Heat Source Electric

Exterior

Garage Spaces 17.0

Utilities Available Phone, Cable TV Available

Water Access N

View Pasture

Roof Type Asphalt,Metal

Street Surface Black Top

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 17

Garage N

Building

Lot Description Rural

Foundation Stone

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Brandywine Heights Area

Others

Tax ID 59-5483-03-42-0980

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Listed by Dave Decembrino • RE/MAX Of Reading

Speicher Group

License ID: 324114

+1(808) 495-7345

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300 KENNEDY AVE Mertztown, PA 19539

Speicher Group

Key Details

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Interior

Exterior

Building

Schools

Others

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300 KENNEDY AVE